Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1824 Knox Ave Saint Louis, MO 63139

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $12 SF/Yr ($8,000 /Mo)

    Flex space with office, dock, drive-in, and extra sheds.

    Property size:
    8,000 SF
    Lot size:
    1.89 Acres

    Property Features for 1824 Knox Ave

    General Information

    Size
    8,000 SF
    Lot size
    1.89 Acres

    We can help!

    Listing Contact
    Chris Schmidt
    Source: Moodyscre

    Listing Agent: Chris Schmidt

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    8,000 SF Flex Space

    This flex space property offers approximately 8,000 square feet of space. The layout is comprised of 90% office space and is fully equipped with HVAC. Parking is abundant. Loading is facilitated by one dock and one drive-in door. Additionally, the property includes two extra sheds: a 3-bay metal building with 1,000 square feet and a 1-bay metal building with 775 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Central State Sandwiches, JR's Gourmet

    Location Insight

    • Map
    • Local Demand
    City
    Saint Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.289348
    Latitude
    38.621017

    Nearby Similar for Lease

    • $2,860 /Mo
      4,260 SF

      Hampton Avenue Office Suites Available

      Office suites for lease in Hampton Manor Office Complex.
      3250-3270 Hampton Ave St, Louis, MO 63139
      View Details
    • $1,600 /Mo
      2,300 SF

      Historic Landmark Commercial Space

      Renovated 2300 SF space ideal for various commercial uses.
      3660 Gravois Ave St, Louis, MO 63116
      View Details
    • $13 SF/Yr
      4,900 SF

      Commercial Building in High-Traffic Area

      4,900 SF commercial building suitable for retail or office use.
      1434 Chambers Rd St, Louis, MO 63135
      View Details
    • $15,020 /Mo

      Prime Retail Space in Jennings

      Large retail space in a high-traffic St. Louis strip mall.
      9279 Halls Ferry Rd, Saint Louis, MO 63136
      View Details
    • $2,750 /Mo
      263,538 SF

      Retail Space in Jennings Community

      Retail space in established Jennings plaza, high foot traffic location.
      8970 Jennings Station Rd, Saint Louis, MO 63136
      View Details
    • $1,050 /Mo
      700 SF

      Commercial Space on Page Avenue

      700 SF commercial space ideal for office or retail.
      9558 Page Avenue Ext, Saint Louis, MO 63132
      View Details
    • $3,000 /Mo
      9,845 SF

      Prime Commercial Space in Grove

      High-visibility commercial property in St. Louis' vibrant Grove neighborhood.
      4452 Manchester Ave St, Louis, MO 63110
      View Details
    • $2,500 /Mo

      Warehouse Space in St Louis

      2300 SF warehouse space suitable for various businesses.
      6780 Southwest Ave St, Louis, MO 63143
      View Details
    • $1,300 /Mo
      6,098 SF

      Retail/Office Space on High-Traffic Street

      Commercial property on high-traffic street, suitable for retail or office.
      1900 Telegraph Rd, Saint Louis, MO 63125
      View Details
    • $600 /Mo
      112,951 SF

      Dellwood Commercial Property for Lease

      Commercial property in Dellwood, MO available for short or long-term.
      2002 Chambers Rd, Saint Louis, MO 63136
      View Details
    • $400 /Mo
      5,105 SF

      Retail Space in High-Traffic Area

      Retail spaces available in high-traffic St. Louis location.
      7954 N Broadway St N, Louis, MO 63147
      View Details
    • $3,000 /Mo
      5,619 SF

      Midtown St. Louis Commercial Space

      2,000 sq ft raw space for bar/restaurant with free rent.
      3200 Locust St St, Louis, MO 63103
      View Details

    FAQs

    What type of property is this?
    Flex space - Flex space with office, dock, drive-in, and extra sheds.
    Where is this flex space located?
    The property is located at 1824 Knox Ave Saint Louis, MO.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - ±8,000 SF with 90% Office Space; - Abundant Parking for staff and visitors; - Features 1 Dock and 1 Drive-In Loading
    (314) 338-2080
    Request Owner's contact information
    1824 Knox Ave Saint Louis, MO 63139
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1824 Knox Ave
    Saint Louis, MO 63139
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1824 Knox Ave Saint Louis, MO 63139
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Chris Schmidt
    (314) 338-2080
    Learn more
    Google sign-in failed. Please try again or use another login method.